Database to contain taxable financial transactions and history of any tax-paying individual.
Mayank Ashar, managing director and chief executive officer, Cair India, says the reform momentum should continue and the industry should do its part too.
Capital Goods shares ended mixed on the back of weak IIP numbers. L&T ended down 0.7% while BHEL ended with marginal gains.
These have been selected based on the earnings growth prospects and favourable (buy) ratings by brokerages
Sensex ends in green, bluechips in spotlight.
Sebi to fix promoters' side deals with PE investors
Consumer businesses come to the rescue of large conglomerates in the midst of a meltdown in commodities.
The task of Union Finance Minister Arun Jaitley to keep inflation under check, even when the country reeled under severe drought for two years in a row, and reduce the current account deficit, was made easier by low crude oil prices.
Investors sought to book profits at attractive valuations after recent run up in last few trading sessions.
Earning numbers of blue-chips, including ITC and SBI, due tomorrow.
In 2017, a consortium led by Russian state oil company Rosneft agreed to buy Essar Oil for $12.9 billion in India's biggest foreign acquisition of a homegrown company. Rosneft's buyout of Essar's assets was meant to herald a wave of energy investments in India - over six decades after Esso, Caltex and Shell invested in India's refining sector in the 1950s. But the government has tripped up in its efforts to sell Bharat Petroleum Corporation Ltd (BPCL), formerly Burmah Shell, a blue chip public sector company. Bidders include a couple of global funds and resources firm Vedanta.
This makes him corporate India's biggest donor to society.
China is slowing down, Europe is barely afloat and the US is meeting a larger chunk of its own demand.
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'Mining jobs get created in the most backward districts of India's poorest states,' says Anil Agarwal.
Sensex in green in afternoon trade.
Poor disclosure among India-listed firms is a turnoff for foreign investors.
Markets end almost flat, bluechips in focus.
After 3 weeks of consecutive rally, this week was a breather for the index, which corrected by almost 1.5%.
The market breadth, indicating the overall health of the market was strong
The breadth was neutral with 1,329 advances and 1,320 declines.
Movement of rupee and crude oil prices will also dictate the trend
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RIL had objected to the state government's decision to receive bids in sealed envelopes instead of an open auction.
The recovery was led by information technology exporters.
Market participants are now awaiting Thursday's meeting of the European Central Bank
Index heavyweights Reliance Industries, HDFC and Infosys were the top Sensex gainers.
Biggest contribution came from Bharti group-led Satya Electoral Trust.
Murthy no more chairman emeritus; founders do not want to be addressed as promoters.
Maruti Suzuki, Asian Paints, L&T, ONGC and Infosys have gained between 1%-1.5%.
Mixed global cues and decline in crude oil prices further dent the sentiments.
The broader markets are, however, outperforming the larger peer.
Sensex ends in green on boost from bluechip stocks.
Markets ended their lowest close in 2015 on fears of FII outflows as the US Fed may hike rates.
Rate sensitive sectors were among the top gainers with Tata Motors and ICICI Bank leading the gains on the Sensex.
The S&P BSE Sensex closed 318 points at 24,455 and the Nifty50 shed 99 points to end at 7,438.
The BSE Midcap and Smallcap indices underperformed the largecaps and ended over 1% lower.
The S&P BSE Sensex has dipped five per cent, thus far, in CY15.
Oil tanked to a 7-year low as OPEC decided to maintain production.
Markets will be closed on Thursday and Friday on account of Holi and Good Friday, respectively.
Sachin Bansal, who had co-founded Flipkart with Binny Bansal in 2007, would exit the company
Several Sensex stocks hits 52-week low in intra-day trade on Monday with financials leading the decline.
